2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What External and Internal Drivers Are Contributing to the Growth of theAtherectomy Devices Market?

The surge in coronary artery disease cases is predicted to advance the atherectomy devices market growth. Coronary artery disease (CAD), a condition marked by the constriction or obstruction of coronary arteries due to plaque accumulation, results in a decreased blood flow to the heart. The increasing incidence of CAD globally is attributed to the aging population, a rise in inactive lifestyles, amplified stress levels and mental health problems, and a surge in the consumption of unhealthy diets. Directional coronary atherectomy is a minimally invasive technique developed to extract blockages from coronary arteries, therefore improving blood flow to the heart muscle and relieving pain. For example, the Singapore Heart Foundation (SHF), a non-profit organization based in Singapore, reported in May 2024 that the total cardiovascular disease-related death toll rose to 8,311 in 2023, up from 7,762 in 2021. Furthermore, atherosclerosis was responsible for 60% of these deaths in 2023, an increase from 59% in 2022. Consequently, the increasing incidence of coronary artery disease is encouraging retailers to support the expansion of the atherectomy devices market.

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#What Long-Term Growth Rate is Expected for theAtherectomy Devices Market Between 2025 and 2034?

The market size of atherectomy devices has shown remarkable growth in the past years. The market is expected to expand from $0.93 billion in 2024 to an estimated $1.02 billion in 2025, boasting a compound annual growth rate (CAGR) of 9.8%. Factors contributing to this historic growth include the rising occurrence of cardiovascular diseases, the surge in the aging population, increasing rates of obesity, enhanced financial support for cardiovascular research and healthcare infrastructure, and heightened awareness about less invasive procedures.

In the coming years, the atherectomy devices market is projected to experience significant growth, increasing to $1.46 billion by 2029 with a compound annual growth rate (CAGR) of 9.4%. This anticipated growth is due, in part, to the rising prevalence of diabetes, an upturn in diseases related to lifestyle choices, the growing availability of reimbursement for atherectomy systems, increased disposable income, and an expanded demand for atherectomy procedures. Predominant trends for the forecast period encompass continuous advancements in atherectomy devices, incorporation of cutting-edge imaging technologies, a focus on patient-oriented care, the adoption of robotic systems, and the exploitation of real-time data analytics and machine learning.

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Which Upcoming Market Trends and Innovations Are Set to Influence theAtherectomy Devices Market’s Path Forward?

In order to maintain a competitive advantage in the market for atherectomy devices, major corporations are developing groundbreaking products like the atherectomy peripheral platform-based catheter. This medical device is used to treat peripheral artery disease by going inside blood vessels, specifically those in the legs, to manage arterial blockages. For example, in October 2023, Cardio Flow, a medical device manufacturing company based in the US, introduced their orbited atherectomy peripheral platform called FreedomFlow. The FreedomFlow operates using a unique mechanism to eliminate plaque blockages in the leg arteries. It features a unique catheter-based design that uses angular momentum physics. It features a spiral geometry with five diamond-coated spheres that continuously interact with the vessel wall, both in forwarding movement and retraction.

Who Are the Dominant Market Players Pushing the Boundaries of theAtherectomy Devices Market?

Major companies operating in the atherectomy devices market are Cardinal Health Inc., Bayer AG, Abbott Laboratories, Medtronic plc, Becton Dickinson and Company, Philips Healthcare, Boston Scientific Corporation, Merit Medical Systems Inc., Terumo Corporation, Cook Medical LLC, Integer Holdings Corporation, Biotronik SE & Co. KG, Penumbra Inc., Biomerics LLC, Asahi Intecc Co. Ltd., Volcano Corporation, AngioDynamics Inc., Cordis Corporation, Straub Medical AG, Avinger Inc., Cardio Flow Inc., Eximo Medical Ltd., Ra Medical Systems Inc., Acotec Scientific Holdings Ltd., ArioMedica Ltd

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What Are the Core Segments of the Atherectomy Devices Market, and How Do They Contribute to Growth?

The atherectomy devices market covered in this report is segmented –

1) By Product: Rotational Atherectomy Devices, Orbital Atherectomy Devices, Directional Atherectomy Devices, Other Products

2) By Application: Peripheral Vascular Applications, Cardiovascular Applications, Neurovascular Applications

3) By End User: Hospitals And Surgical Centers, Ambulatory Care Centers, Other End Users

Subsegments:

1) By Rotational Atherectomy Devices: Coronary Rotational Atherectomy Devices, Peripheral Rotational Atherectomy Devices

2) By Orbital Atherectomy Devices: Coronary Orbital Atherectomy Devices, Peripheral Orbital Atherectomy Devices

3) By Directional Atherectomy Devices: Coronary Directional Atherectomy Devices, Peripheral Directional Atherectomy Devices

4) By Other Products: Laser Atherectomy Devices, Excimer Laser Atherectomy Systems

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What Regions Are Dominating the Atherectomy Devices Market Growth?

North America was the largest region in the atherectomy devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the atherectomy devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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